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CUSTOMER CONCENTRATION | 12 Months Ended
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Dec. 31, 2022
Risks and Uncertainties [Abstract] |
CUSTOMER CONCENTRATION | NOTE 17 – CUSTOMER CONCENTRATION Revenue Customer Concentration The Company sells a substantial portion of its products to a limited number of customers. During the year ended December 31, 2022, the Company sold 53.6% of its products to its top five customers, respectively. As of December 31, 2022, amounts due from these customers were $3,995,134. The Company sells a substantial portion of its products to a limited number of customers. During the year ended December 31, 2021, the Company sold 64.8% of its products to its top five customers, respectively. As of December 31, 2021, amounts due from these customers were $13,372,159.

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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI https://asc.fasb.org/topic&trid=2134479 + Details
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- References No definition available. + Details
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